Result of EGM

19 Jun 2006 11:45

SOFTWARE RADIO TECHNOLOGY PLC ("SRT" or the "Company") RESULT OF EGM The Directors of SRT, the AIM-quoted provider of TETRA and AIS solutions to thecommunications and homeland security markets, are pleased to announce that atthe extraordinary general meeting of the Company held today (the "EGM") theresolutions were duly passed.The EGM was convened in connection with the placing of 9,042,552 new ordinaryshares at 47p (the "Placing Shares") to raise ‚£4,250,000, which was announcedon 25 May 2006.Having also received confirmation from the HM Revenue & Customs that thePlacing Shares will be a qualifying holding for the taxation advantages offeredunder HM Revenue & Customs' Venture Capital Trust scheme, the Placing Shareshave today been issued and allotted subject only to their admission to tradingon AIM, which is expected to take place on 20 June 2006.For further information please contact:Software Radio Technology plc 01761 409500 Simon Tucker simon.tucker@softwarerad.com Shamus Kelly shamus.kelly@softwarerad.com Westhouse Securities LLP 0161 838 9140 Tim Feather tim.feather@westhousesecurities.com Tavistock Communications 020 7920 3166 Christian Taylor-Wilkinson ctaylor-wilkinson@tavistock.co.ukENDSOFTWARE RADIO TECHNOLOGY PLC